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In 1Q16, $CTXS acquired some monitoring technology assets from a privately-held company for $23.6MM. In Feb., company sold its CloudPlatform and CloudPortal Business Manager products to Persistent Telecom, with the deal including contingent consideration of an earnout provision based on revenue for a period of 5 years after closing date.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.